FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Reaches New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP)’s share price reached a new 52-week high on Friday . The stock traded as high as $51.59 and last traded at $51.40, with a volume of 10910 shares. The stock had previously closed at $51.40.

FT Vest U.S. Equity Buffer ETF – September Stock Performance

The stock has a market capitalization of $896.93 million, a P/E ratio of 24.69 and a beta of 0.62. The firm’s fifty day simple moving average is $50.77 and its 200 day simple moving average is $49.27.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Brookstone Capital Management increased its holdings in FT Vest U.S. Equity Buffer ETF – September by 2.3% in the second quarter. Brookstone Capital Management now owns 10,938 shares of the company’s stock worth $525,000 after purchasing an additional 242 shares in the last quarter. Wood Tarver Financial Group LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 3.6% in the 3rd quarter. Wood Tarver Financial Group LLC now owns 7,760 shares of the company’s stock valued at $392,000 after acquiring an additional 269 shares in the last quarter. SOA Wealth Advisors LLC. lifted its position in shares of FT Vest U.S. Equity Buffer ETF – September by 3.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 10,027 shares of the company’s stock valued at $507,000 after acquiring an additional 331 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of FT Vest U.S. Equity Buffer ETF – September by 2.6% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 14,887 shares of the company’s stock valued at $752,000 after acquiring an additional 378 shares during the period. Finally, Clear Creek Financial Management LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – September by 7.0% during the third quarter. Clear Creek Financial Management LLC now owns 6,079 shares of the company’s stock worth $307,000 after acquiring an additional 400 shares in the last quarter.

About FT Vest U.S. Equity Buffer ETF – September

The FT Cboe Vest U.S. Equity Buffer ETF – September (FSEP) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FSEP was launched on Sep 18, 2020 and is managed by First Trust.